Metalurgica Gerdau S.A.
GOAU3.SA
B3 S.A.9.38
BRL
-0.27
- -
ISIN
BRGOAUACNOR1
Return %
Stock
S&P500
1Y
39.79
26.57
3Y
11.93
76.60
5Y
-9.46
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Gustavo Werneck Da Cunha
- Full Time Employees
- 45,000
- Sector
- Basic Materials
- Industry
- Steel
- Address
- Avenida Doutora Ruth Cardoso, 8.501 São Paulo SP Brazil 05425-070
- IPO Date
- Jan 3, 2000
- Website
- www2.gerdau.com
- Similar Companies
- Business
- Metalurgica Gerdau S.A. is a leading steel producer specializing in the manufacture and supply of long and special steel products across Brazil, Latin America, and North America. Founded in 1901 with headquarters in São Paulo, Brazil, the company offers a comprehensive portfolio including rebars, wire rod, merchant bars, profiles and drawn products, billets, blocks, plates, structural profiles, stainless steel, and iron ore. It serves diverse markets such as civil construction, industry, agriculture, automotive, and energy infrastructure. Gerdau operates steel mills, recycling facilities, and iron ore mining operations, producing approximately 13 million tons of steel annually and transforming more than 11 million tons of scrap metal into new steel products each year. It is the largest recycler in Latin America and one of the largest specialty steel suppliers globally. The company’s equity is listed on the São Paulo (B3), New York (NYSE), and Madrid (Latibex) stock exchanges. Recent major company developments include a strategic investment plan involving a R$6 billion capital expenditure for 2024 to enhance production capacity and technological modernization, with emphasis on expanding operations at its Ouro Branco mill where coiled hot rolled strips production is set to commence. Gerdau is also advancing its North American footprint by upgrading rolling mills in Jackson and Petersburg and completing a melt shop in Whitby. The company continues to focus on sustainability initiatives, including investments in renewable energy such as a solar farm project in Minas Gerais, and targets reducing its carbon emissions intensity by 2031. Additionally, Gerdau has been active in strategic portfolio adjustments, including the January 2024 sale of equity interests in the Diaco joint venture and ongoing reassessment of its capacity in Brazil to optimize operations amidst competitive pressures. The company further expands its innovation through Gerdau Next, a division fostering entrepreneurship in adjacent segments like construction, logistics, and renewable energy. Overall, Metalurgica Gerdau S.A. operates as a vertically integrated steel producer with a diversified product lineup and a strong commitment to environmental sustainability, technology investments, and geographic expansion across the Americas. It maintains a robust financial and operational profile, leveraging its extensive recycling capabilities and broad product offering to serve varied industrial and infrastructure needs in multiple continents.